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~accessRights:"free"
~institution:"Department of Economics, Oxford University"
~subject:"Deutschland"
~subject:"Labour market"
~subject:"Unemployment"
~subject:"Wirtschaftswachstum"
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Optimal Monetary Policy under
Hysteresis
Kapadia, Sujit
-
Department of Economics, Oxford University
-
2005
This paper analyses a new-Keynesian model incorporating
hysteresis
in output. Specifically, we assume that the natural …
Persistent link: https://www.econbiz.de/10005051088
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